Externalities of home-ownership on entrepreneurship: empirical evidence

Determinants · of Home Ownership

Oligarchic Land Ownership, Entrepreneurship, and Economic Development

This paper develops a theory in which oligarchic ownership of land or other natural resources impedes entrepreneurship in the manufacturing sector and thereby retards structural change and economic development. We show that, due to oligopsony power of owners in the agricultural labor market, higher ownership concentration is harmful for start-ups by landless, credit-constrained households, whos...

Explaining Foreign Ownership By Comparative and Competitive Advantage: Empirical Evidence

This paper provides empirical evidence on the determinants of foreign ownership in manufacturing industries. Foreign ownership, according to the theory of international production, is the result of the combination of comparative and competitive advantage. An adequate examination of the ownership structure of an industry requires the ability to establish empirically the extent to which internati...

Productivity Commission Inquiry on First Home Ownership

Productivity Commission Inquiry on First Home Ownership

1. Background In Australia, local government is established under State/Territory legislation and its structures, powers and functions are determined by that legislation. In all jurisdictions in the last 10-15 years, the relevant legislation creating and regulating local government has been reviewed and significantly amended or replaced with new legislation that gives local councils greater gen...